Question: Chevron ( CVX ) is expected to be $ 1 0 7 , and the expected dividend at the end of next year is $

Chevron (CVX) is expected to be $107, and the expected dividend at the end of next year is $0.81. If the companys required rate of return on equity is 12%, calculate the value of CVX. Show the formula, do the math until the final result, and indicate the unit of measurement.
Advanced Micro Devices (AMD) required rate of return on equity is 12%, the expected growth rate in dividend is 11.25%, and the current dividend is $0.72. Calculate the value of AMD. Show the formula and do the whole math until the final result. Indicate the unit of measurement.

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